Buying property in Dubai from Chittagong: a Bangladesh investor's guide
A step-by-step route for an investor based in Chittagong, Bangladesh's main port city, to reserve and fund an off-plan Dubai apartment remotely, with Mercedes-Benz Places | Binghatti City and Hilton Residences as examples.
Chittagong, Bangladesh's commercial and port city
Chittagong's port and its shipping, garment and trading businesses have connected the city to international partners for decades, and a sizeable Bangladeshi community already lives and works in Dubai. That familiarity with cross-border trade and remittances shortens the distance to a first conversation about owning property in the UAE. Individuals pay no local tax on rental income or capital gains in the UAE, and every off-plan payment sits in an escrow account controlled by the Dubai Land Department, released only against verified construction progress.
The purchase sequence from Chittagong
- Confirm the full budget: unit price, the 4% DLD registration fee, developer administrative charges and Oqood registration, in dirhams.
- Choose the project: a large planned community for a family base, or a branded residence for rental demand.
- Reserve the unit electronically, with a copy of your Bangladeshi passport attached to the sale agreement.
- Wire the deposit from your Chittagong bank, or from a foreign currency account held abroad, to the project's escrow account at a UAE bank.
- Register through Oqood, which records the unit against the developer's title in your name.
- Track construction through the DLD's Project Status Enquiry service until handover.
Sending funds from Chittagong
Standard Chartered, Eastern Bank and Dutch-Bangla Bank, all active in Chittagong, process outbound international wires under Bangladesh Bank's foreign exchange rules. Expect standard compliance checks on a first payment to a new beneficiary: a valid passport, proof of address, the signed sale agreement showing escrow and SWIFT details, and a short source-of-funds explanation. Your bank confirms which documentation and remittance limits apply to your specific transfer before you commit to a schedule.
| Cost | Detail |
|---|---|
| DLD registration fee | 4% of the price |
| Oqood registration | fixed fee, confirmed in the contract |
| Developer administrative fees | depends on the project |
| Wire charges | depends on your bank |
Orven charges the buyer no commission; the fee comes from the developer. Brokerage runs through ORVEN REAL ESTATE BROKERAGE L.L.C S.P.C (Economic License No. CN-6800129, ADRA). Bangladeshi tax treatment of foreign property and rental income depends on your residency status, a question for a tax adviser rather than your broker.
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Four projects that fit a Chittagong profile
Mercedes-Benz Places | Binghatti City in Meydan is a planned twelve-tower community built around the Grand Promenade green space, with homes from studios to five-bedroom layouts, on a 20% reservation, 50% construction, 30% handover plan, current prices on request.
Hilton Residences in Dubai Maritime City offers branded, hotel-managed residences and penthouses with an infinity pool and a fitness centre, on a 20% reservation, 40% construction, 40% handover schedule.
Porto View at Rashid Yachts & Marina starts from AED 1.93 million for one- to three-bedroom apartments and three-bedroom townhouses around a marina promenade.
Sanctuary Residences at Meydan Horizon faces the Ras Al Khor Wildlife Sanctuary, with one- to three-bedroom residences, a sky garden and an observation deck, on a 20% reservation, 45% construction, 35% handover plan.
For a wider look at the purchase path from Bangladesh, see our guide for buyers from Dhaka and our guide to the Golden Visa threshold.
Send your budget and your goal to WhatsApp +971 52 776 1939 or sales@orvenproperties.com, and an adviser replies with units actually available and a confirmed schedule.
What happens once you reserve
Once your deposit clears in the project's escrow account, your adviser becomes your single point of contact: a reminder ahead of each instalment, construction progress checked against the DLD's public registry, and a direct WhatsApp line for anything specific to your file. Nothing about the process requires a trip to Dubai, though a visit can be arranged at any point before handover.
A property worth AED 2 million or more, alone or combined with other units, can support a Golden Visa application under conditions set by the authorities. Bank financing is possible for some non-residents, always subject to the lender's approval and a valuation of the unit.
FAQ
Do I need to visit Dubai before reserving from Chittagong? No. The reservation, sale agreement and Oqood registration can all be completed remotely with an electronic signature and a copy of your passport.
Can I transfer funds from a foreign currency account held abroad? Yes, some buyers prefer to transfer from an account held outside Bangladesh; your bank confirms which documentation applies to your specific case.
Do I need to declare this property to Bangladeshi tax authorities? Generally yes, a tax adviser should confirm the specifics based on your residency status.
Can a Chittagong-based buyer get bank financing for part of the price? Some non-residents qualify, subject to the lender's approval and a valuation of the unit.
Does the purchase support a Golden Visa application? A property worth AED 2 million or more, alone or combined with other units, can support an application under conditions set by the authorities.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
Do I need to visit Dubai before reserving from Chittagong?
No. The reservation, sale agreement and Oqood registration can all be completed remotely with an electronic signature and a copy of your passport.
Can I transfer funds from a foreign currency account held abroad?
Yes, some buyers prefer to transfer from an account held outside Bangladesh; your bank confirms which documentation applies to your specific case.
Do I need to declare this property to Bangladeshi tax authorities?
Generally yes, a tax adviser should confirm the specifics based on your residency status.
Can a Chittagong-based buyer get bank financing for part of the price?
Some non-residents qualify, subject to the lender's approval and a valuation of the unit.
Does the purchase support a Golden Visa application?
A property worth AED 2 million or more, alone or combined with other units, can support an application under conditions set by the authorities.
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